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Technology Stocks : Ascend Communications (ASND)
ASND 207.03+0.4%2:47 PM EST

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To: vinod Khurana who wrote (59059)1/13/1999 2:07:00 PM
From: Chuzzlewit  Read Replies (1) of 61433
 
Vinod, that was the kind of thinking that brought LTC to its knees. They bet heavily on the consummation of the TLAB/CIEN deal going through. They established a hedge position by shorting TLAB and going long CIEN. That cost them billions when the deal fell apart. Right now everything looks rosy for the merger, but you never know.

TTFN,
CTC
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